Die Entwicklungen auf dem Arbeitsmarkt in den letzten Jahrzehnten und die jüngsten Rentenreformen werden sich erheblich auf die Rentenansprüche künftiger Rentnergenerationen auswirken. Dies zeigt eine aktuelle Studie des DIW Berlin im Auftrag der Deutschen Rentenversicherung. Während die...

Public pay-as-you-go pensions still form the dominant pillar of old-age provision in Germany. This is in marked contrast to the situation in Anglo-Saxon countries. It has advantages if labour markets are strong, e.g., following a quick recovery from the Great Recession. It has disadvantages, as...

The introduction of the correction index in the mechanism of determining pension benefits in Ro mania in 2013 has led to an inefficient formula which generates differences between the incomes received by pen sioners with the same level of contributions depending of the year of retirement. This...

I use a detailed panel of data and a unique modeling specification to explore how public schoolteachers respond to the incentives embedded in North Carolina's retirement system. Like most public-sector retirement plans, North Carolina's teacher pension implicitly encourages teachers to continue...

Faced with the need to adjust public pension systems to meet changing demographic, economic and social conditions, most developed countries have created government reserve funds to ensure macroeconomic sustainability. This paper aims to study the importance that this reserve fund plays in the...

Public pension systems based on the Notional Defined Contribution (NDC) principle were introduced during the '90s in Italy, Sweden and Poland, among other countries. They mimic private savings, in that individuals get back, as pensioners, what they contributed to social security during working...

We compare two policies of increasing British state pension provision: (a) increase the pensionable age of men and women, (b) maintain the existing retirement age but require older workers to work longer per-period hours. There are reasons for policy makers to give serious consideration to the...

Deutschland altert schneller als fast alle Länder dieser Welt und hat weniger Neugeborene in Relation zu seiner Bevölkerung als jedes andere entwickelte Land dieser Erde. Diese Entwicklung hat fatale Folgen für die Funktionsfähigkeit der staatlichen Sozialsysteme, insbesondere für die...

Die Lebenserwartung steigt in Deutschland von Jahr zu Jahr. Dies gilt gleichermaßen für die Lebenserwartung im Renteneintrittsalter, und damit nimmt auch die Rentenbezugszeit zu, ohne dass der Rentenversicherung auf der Einnahmenseite zusätzliche Zahlungen zugutekommen. In der...

We compare two policies of increasing British state pension provision: (a) increase the pensionable age of men and women, (b) maintain the existing retirement age but require older workers to work longer per-period hours. There are reasons for policy makers to give serious consideration to the...